Paris, September 22, 2022
Bump, the startup that decarbonizes cities by bringing fast-charging solutions to professionals, has entered into a strategic and financial partnership with DIF Capital Partners. This partnership involves a major fund-raising operation to finance an investment plan of €180 million between now and 2030. This confirms the success of Bump's positioning and its innovative model.
🌍 A committed ecological vision
Bump was born in March 2021 with the lasting ambition of accelerating cities' energy transition by enabling professionals and private individuals to switch to electric mobility with ease and without the need for financing.
To provide concrete solutions to the ecological challenges facing cities, Bump has developed 2 types of offer:
- unfinanced charging stations paid per kWh consumed at companies, business parks and logistics hubs;
- urban fast-charging stations accessible to all in public parking lots, supermarkets, shopping centers, retailers and restaurants.
"At Bump, we're committed to solving one of the biggest problems of our decade: the decarbonization of mobility. Emitting 50% of mobility's CO2 emissions, professionals have an essential role to play in this energy transition. Bump was created to provide long-term support for all their on-site and roaming recharging needs, with innovative business models. "says François Oudot, CEO and co-founder of Bump.
Service quality recognized by professional customers
To meet the needs of its demanding customers, Bump has developed a differentiating expertise enabling a high level of service quality for its kiosks. Today, the startup boasts a kiosk availability rate of 96% vs. 75% for the public network, and a successful charge rate of 96% vs. 77% for the public network.
Thanks to its tailored offerings and operational excellence, Bump has quickly won over professionals looking to get involved in the city's energy transition - including :
- Bolt and Marcel for passenger transport
- Zity and Europcar for car rental
- StarService, TopChrono and Stuart for last-mile delivery
- AB SAGAX, Prologis and SEGRO for business parks and logistics hubs
Expansion throughout France and Europe
Convinced of the quality and expertise of Bump's management team, as well as the relevance of its market positioning, DIF Capital Partners has chosen to support the growth of Bump, which has already secured the deployment of 2,000 charging points. With this exceptional investment, Bump's ambition is to reach 2030:
- to expand its teams by recruiting around a hundred people;
- to become the leader in B-to-B and retail refills in France and Europe;
- to invest 180 million euros to deploy + 25,000 charging points.
"DIF Capital Partners anticipates that the electrification of transport will play a key role in reducing CO2 emissions. We are convinced by the ability of Bump's management team to take this project forward, and by what the Company has achieved to date. We are delighted to become Bump's reference shareholder, alongside the existing shareholders, in order to accelerate the deployment of charging infrastructures in France, which is set to become the second largest market for electric vehicle charging in Europe. "says Thomas Vieillescazes, partner at DIF Capital Partners and head of the company's activities in France.
"With DIF Capital Partners we have found a partner who shares our values and benefits from strong expertise in electric mobility following their acquisition of the Plugit operator in Finland. "says François Paradis, COO and co-founder of Bump.
A company with a mission and boundless ambition, Bump is sure to be one of the key players in the energy transition.
⚡️ About Bump :
Bump is a French company dedicated to low-carbon mobility, founded by two entrepreneurs: François Oudot (Ex - Alan & Sigfox) and François Paradis (Ex - Vinci Energies) to help professionals make the transition to sustainable mobility. Three months after raising three million euros, the startup opened its first fast-charging hub for electric vehicles in the heart of Paris. Today, Bump is the leader in the fast-charging sector in Paris, and continues to expand its network of fast-charging hubs for electric vehicles in France.
About DIF Capital Partners:
DIF Capital Partners is one of the world's leading independent infrastructure fund managers, with around €14 billion in assets under management. DIF Capital Partners has a team of over 190 professionals in eleven offices in Amsterdam (Schiphol), Frankfurt, Helsinki, London, Luxembourg, Madrid, New York, Paris, Santiago, Sydney and Toronto.
Bump was advised by Celsius Avocats (legal), Finergreen (M&A) and E-Cube (commercial). DIF Capital Partners was advised by Gide (legal and tax), H3P (M&A), Boston Consulting Group (commercial), DNV (technical), Marsh (insurance) and PwC (finance and model audit).
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